Month: February 2016

Harley Schlanger from LaRouchepac.com joins me for an economic and geopolitical update. Harley says that negative interest rates is a banking term for theft, and Harley warns, “If they start letting the banks steal deposits, what you are looking at is a chain reaction collapse that will wipe everyone out.” But Harley also believes that the Bankster Oligarchs are ripe for a fall, but it will require AMERICAN PATRIOTS to rise up and TAKE them down. We also discuss the 2016 Presidential race which will leave us with the Communist NWO agenda of Hillary Clinton if people allow it. Standing in stark opposition to the Bush-Clinton crime families is Donald Trump. We discuss it.

Here's a great video exposing the criminals we crrently have running our country and the World for that matter.

Journalist and book author Michael Snyder says the collapse is not an event, but a “process.” Snyder explains, “I believe it is already in the process of coming apart. . . . One fifth of global stock market value is already gone. That means we only have four fifths left. At one point this month, $16.5 trillion had been wiped out from global stock markets since mid-2015. So, this started last year. We saw oil collapse. We’ve seen junk bonds collapse. We’ve seen commodity prices collapse. The $16.5 trillion I just mentioned is just for stocks, and when you add up the other losses, that’s trillions of dollars more wealth that has been wiped out all over the world. What we have seen already has been extraordinary, but we are still in the process. People want to think of it as an event or a single day or a month, but this is a process.”

Snyder also contends, “The Baltic Dry Index dropped below 300 for the first time ever. We did not even see that during the 2008 Great Recession and financial crisis. I didn’t know the Baltic Dry Index could go that low. We are seeing exports decline dramatically in South Korea. New numbers for Japan came out . . . their exports were down 12% year over year. Exports in China have been falling month, after month, after month. U.S. exports were down 7% for the last monthly figure we had. India’s exports are down. This is happening all over the world. Real economic activity is grinding to a halt.”

Snyder says the problems with some global banks are far worse than in 2008. Snyder says, “The collapse of Deutsche Bank would be a far bigger event than the collapse of Lehman Brothers was back in 2008. If you are looking for another Lehman Brothers moment with their derivatives exposure . . . and now the biggest bank, in the biggest and most important economy in Europe, is in the process of coming apart.”

On war, Snyder says keep your eyes on the Middle East and Syria. Snyder explains, “Saudi Arabia and Turkey have to give up and cut their losses or they have to go in and do the job themselves. The Sunni militants, including ISIS, are not getting the job done. Turkey and Saudi Arabia are seriously considering a ground invasion of Syria. Are the Russians and Hezbollah and Iran going to stand aside and let them do it? I say almost certainly not and, in fact, could very easily erupt into WWIII.”

Either way, Snyder thinks we get “global financial collapse” and “World War III” but does not know which one comes first. Snyder says, “We already have the global economy grinding to a halt, but if we get WWIII, that just accelerates things greatly. It’s the chicken or the egg, whichever comes first, but without a doubt, we are moving into a time described as a perfect storm.”

On precious metals, Snyder says, “I think silver will absolutely skyrocket in the years ahead. We like gold, but absolutely love silver.”

Join Greg Hunter as he goes One-on-One with Michael Snyder, creator of TheEconomicCollapseBlog.com.

(There is much more in the video interview.)

After the Interview:

Michael Snyder is a prolific writer, and you can view his analysis for free on TheEconomicCollapseBlog.com. Snyder also says he will be out with a new book in the coming months. It’s still untitled, but it’s about how Michael Snyder, who is a Christian lawyer, takes a look at what the Bible says regarding the “Last Days.”

Obama is to sign an executive order, bypass Congress, and do a massive BLM land grab.

Republican Congressman of Utah says he has the BLM documents to prove it. They were initially leaked, and he says there are more coming.

This is an up-to-date video (February 8, 2016), and I consider it to be a clear and present danger.

I see the phrase “it has begun” on here all the time, and I will repeat it now…”it has begun”!

Nevertheless, the Obama administration’s aggressive use of executive orders to unconstitutionally bypass Congress and enact its own “environmental” regulations indicates that we can expect an intensification of the adversarial attitude by federal agencies toward ranchers, farmers, and rural property owners. The EPA’s new “Waters of the United States” (WOTUS) interpretation, all by itself, guarantees collisions between federal authorities and property owners. According to Obama’s EPA, even dry land miles from any “navigable waters” is still subject to EPA’s arbitrary and capricious jurisdiction because the rainwater that sinks into the ground is somehow connected to navigable waters. This virtually guarantees an escalation of tensions and a certainty of more confrontations that could turn violent.

In yet another turn of events indicative of Obama’s tactics, the Commander-in-Chief has stooped to issuing yet another Executive Order in order to bypass Congress. The order, as so many before it, was in no way a change to the executive branch as it ultimately legalized the BLM’s authority to snatch private land.

A press release recently disclosed by U.S. Congressman Rob Bishop shows that he was able to find 14 missing pages from an internal Department of Interior (DOI) that had miraculously disappeared. Those pages revealed the slithering snake that Obama truly is and the lows he’s willing to stoop to get his way.

Alex Jones talks with Trump insider and former Trump adviser Roger Stone about Donald Trump's position on the Federal Reserve as well as what sort of Supreme Court appointment we would see from President Trump.

Help us spread the word about the liberty movement, we're reaching millions help us reach millions more. Share the free live video feed link with your friends & family: http://www.infowars.com/show

By Jeff Nielson
Jeff Nielson is co-founder and managing partner of Bullion Bulls Canada; a website which provides precious metals commentary, economic analysis, and mining information to readers/investors. Jeff originally came to the precious metals sector as an investor around the middle of last decade, but soon decided this was where he wanted to make the focus of his career. His website is www.bullionbullscanada.com.

Roughly 2 1/2 yrs ago; readers were introduced to a paradigm of crime, corruption, and control which they now know as “the One Bank”. First they were presented with a definition and description of this crime syndicate.

That definition came via a massive computer model constructed by a trio of Swiss academics, and cited with favor by Forbes Magazine. The computer model was based upon data involving more than 10 million “economic actors”, both individuals and corporations, and the conclusions which that model produced were nothing less than shocking.

The One Bank is “a super-entity” comprised of 144 corporate fronts, with approximately ¾ of these corporate fronts being financial intermediaries (i.e. “banks”). According to the Swiss computer model; via these 144 corporate tentacles, the One Bank controls approximately 40% of the global economy . The only thing more appalling than the massive size of this crime syndicate is its massive illegality.

Some of the strongest laws in the Western world were created precisely to prevent such corporate concentration from ever coming into existence, and thus the crime, corruption, and conspiracy which automatically accompanies it. These are our “anti-trust laws”, laws which our puppet governments have long since ceased to enforce. The evidence of this crime/corruption/conspiracy is all around us.

On a near weekly basis; the Big Banks of the West are caught-and-convicted (but never punished ), perpetrating criminal conspiracies literally thousands of times larger than any other financial crimes in human history. The U.S. government has now publicly proclaimed that its Big Banks have a license to steal.

All of these Big Banks are tentacles of the One Bank, and the list of names here (as identified by the Swiss researchers) is almost as infamous as the mega-crimes which they commit: Goldman Sachs, JPMorgan, Bank of America, Morgan Stanley, Citigroup, Deutsche Bank, Barclays, Credit Suisse, and UBS – for starters. But for many readers, this is now old news.

We observe the crimes of these corporate fronts, every day of our lives. We feel the impact of their crimes (on our standard of living) every day of our lives. However, these “banks” are ultimately merely the inanimate tools of crime. What many readers are now intent upon knowing goes beyond these tools, or even the mega-crimes which they are used to commit.

What people want to know is more basic. Who are the Criminals – the real Criminals? In this respect; we are not talking about the mere bankers, themselves. From the lowliest market-manipulating thugs to the upper stratosphere of CEO’s and central bankers, these are all merely foot soldiers, the psychopathic employees of the real Criminals.

The information wanted by readers is not the names of these employees. They are all nothing more than easily replaceable parts. The information of real value can be encapsulated in one, simple question: who owns the One Bank?

At first glance; the question appears elementary. The One Bank is a financial crime syndicate which controls 40% of the global economy – a global economy with annual GDP of roughly $70 trillion. Clearly the owners of the One Bank would have to be “the world’s richest people” (richest men?).

Here the Corporate media is only too happy to be of service to us. Once a year; we are presented with a “world’s richest list”, which is then parroted by all of the other outlets of the Big Media oligopoly, ad nauseum. Thus, we simply peruse this list for the names at the top, and we have our “owners” of the One Bank. Et voila!

Not so fast. As most regular readers are already well aware; the mainstream media oligopoly is nothing but more of the One Bank’s tentacles. Perhaps we should look a little more closely, before we simply pluck the names from the top of the list, and hail them as the One Bank’s owner-criminals?

In fact, such skepticism is well-justified. These supposed “world’s richest” lists, produced by the propaganda arm of the One Bank, are not worth the virtual paper on which they are written. Exposing the absurdity of such lists requires nothing more than accumulating some aggregate financial data, and then pulling out a calculator.

Fortunately, all of that work has already been done in a previous piece. Skipping to the bottom line; if we take the “world’s richest list” data, along with aggregate data on global wealth (all supplied by the Corporate media), we are presented with a world where total global wealth is supposedly a number in the low $10’s of trillions.

Meanwhile, if we look no further than the oceans of paper wealth” fabricated by the financial sector (and the One Bank crime syndicate), already we approach a quantum somewhere around ½ quadrillion dollars, i.e. $500 trillion, and this completely excludes all real wealth in the world, in the form of hard assets.

The conclusion is obvious: more than 90% of the actual wealth in the world today (real and paper) is hidden from us , in terms of any data made readily available to the general public. This unimaginable hoard of wealth is certainly not being hidden by the vast majority of people at the bottom of the wealth totem-pole, therefore it can only be hidden at the top.

Equally clear; 90+% of all humanity’s wealth won’t be found by simply closer scrutiny of the supposed “world’s richest” people. If all of their fortunes were more than ten times larger than what is currently being reported, even the mathematically-challenged dolts of the mainstream media would quickly figure out that there was something amiss.

Instead, the only rational answer is that there is another, entire tier of the “world’s richest”, an echelon above all the B-List Billionaires on the official lists. The real “world’s richest” are, in fact, not billionaires at all, but rather trillionaires: the Oligarch Trillionaires who own (among other things) the One Bank.

How wealthy are these Oligarchs? Not only are these Oligarchs wealthy enough to be able to hide their names (and fortunes) from all public scrutiny, these trillionaires wield enough power to even prevent the word “trillionaire” from being recognized as an official word in our dictionaries. This absurdity was also noted in that prior commentary.

Consider this. We live in a world of banker-created, fraudulent, paper currencies, where the amount of paper instruments merely sloshing around in the world’s markets is in the thousands of trillions, yet, officially we have no word for “trillionaire”. This is like imagining a world where large numbers of (fat) sheep, cows, and pigs roamed the plains, but there was no word for “carnivore”. If you have one, you must have the other.

The Oligarch Trillionaires may be able to hide in the shadows, even in a world where every inch of the planet is regularly scanned by spy satellites, because they control (most of) the governments who own/operate these satellites. They may be able to cover up most traces of their obscene hoards of wealth, and even prevent us from learning the precise quantum of those hoards.

However, this doesn’t mean that the Oligarch Trillionaires have managed to erase all knowledge of their existence. For those looking for names which are at least probable candidates for the (real) “world’s richest” list, there is no better place to start than Charles Savoie’s historical chronology, The Silver Stealers.

In that compendium; Savoie has traced the deeds of many of these Oligarch families over the past 100+ years. He also identifies many of the (heavily overlapping) “organizations” which they have created, as vehicles for the administration/control of their Empire. For those who are skeptical that such a conspiracy-of-the-wealthy could trace back so far, we also have historical references.

In 1907, U.S. Congressman (and career prosecutor) Charles Lindbergh Sr. presented “The Bankers Manifesto of 1892” to the U.S. Congress. This grandiose declaration of the oligarchs of the 19 th century, antecedents of the Oligarch Trillionaires of today, is as prophetic as it is despicable.

In part, it reads:

When through the process of law, the common people have lost their homes they will be more tractable and easily governed through the influence of the strong arm of government applied to a central power of imperial wealth under the control of the leading financiers. People without homes will not quarrel with their leaders.

Look around us. The numbers of Homeless people in North America today already total in the millions, ignored by puppet governments which serve the Trillionaires, ignored by a mainstream media controlled by the Trillionaires. Meanwhile, a “central power of imperial wealth” rampages across the globe: the United States. Equally, there can be absolutely no doubt that it is “under the control of the leading financiers”, the Trillionaires.

Beyond the cast of suspects presented by Charles Savoie as the owning families behind the One Bank, one name (and clan) stands out above all others: the Rothschilds. We reach this conclusion via two, entirely separate lines of reasoning.

The One Bank is a crime syndicate which ultimately derives virtually all of its wealth/control via the power of the printing press, in the form of all of the West’s (and the world’s) private central banks, and primarily the Federal Reserve. When we search for some criminal clan most likely to base its empire of crime on the money-printing might (and corruption) of a central bank, we don’t have to look very far.

Give me control of a nation’s money, and I care not who makes its laws.

– Mayer Amschel Rothschild (1744 – 1812)

Alternately, we reach this same conclusion via simple logic. We live in a world being (deliberately) drowned in debt. This is a process which, again, traces back roughly a century and more. In a world of debt, whoever starts with the largest fortune collects the most interest. In a world with total GDP of $70 trillion but total, outstanding debt in excess of $200 trillion, whoever collects the most interest will be the richest person on the planet.

Therefore, whoever was the richest person yesterday will be the richest person today. Whoever was the richest person a hundred years ago would almost certainly be the richest person today. In the 19 th century; the Rothschild clan was universally regarded as the wealthiest “house” on the planet. Then any/all precise records of their wealth simply disappeared – not the wealth itself.

The One Bank is a crime syndicate which is literally a blight against all humanity. Its owners are guilty of the worst crimes-against-humanity. And, ultimately, as the One Bank strips humanity bare of all its wealth, these Owners make it harder and harder for themselves to continue to hide.

It is now self-evident to any sentient being (excludes CNBC shills, Wall Street shyster economists, and Keynesian loving politicians) the mountainous level of unpayable global debt is about to crash down like an avalanche upon hundreds of millions of willfully ignorant citizens who trusted their politician leaders and the central bankers who created the debt out of thin air. McKinsey produced a report last year showing the world had added $57 trillion of debt between 2008 and the 2nd quarter of 2014, with global debt to GDP reaching 286%.

The global economy has only deteriorated since mid-2014, with politicians and central bankers accelerating the issuance of debt. These deranged psychopaths have added in excess of $70 trillion of debt in the last eight years, a 50% increase. With $142 trillion of global debt enough to collapse the global economy in 2008, only a lunatic would implement a “solution” that increased global debt to $212 trillion over the next seven years thinking that would solve a problem created by too much debt.

The truth is, these central bankers and captured politicians knew this massive issuance of more unpayable debt wouldn’t solve anything. Their goal was to keep the global economy afloat so their banker owners and corporate masters would not have to accept the consequences of their criminal actions and could keep their pillaging of global wealth going unabated.

The issuance of debt and easy money policies of the Fed and their foreign central banker co-conspirators functioned to drive equity prices to all-time highs in 2015, but the debt issuance and money printing needs to increase exponentially in order keep stock markets rising. Once the QE spigot was shut off markets have flattened and are now falling hard. You can sense the desperation among the financial elite. The desperation is borne out by the frantic reckless measures taken by central bankers and politicians since 2008.

637 rate cuts since Bear Stearns
$12.3 trillion of asset purchases by global central banks in the past 8 years
$8.3 trillion of global government debt currently yielding 0% or less
489 million people currently living in countries with official negative rates policies (i.e. Japan, Eurozone, Switzerland, Sweden, Denmark)
-0.92%, the most negative yield in the world (2-year Swiss government bond)
Massive levels of debt and negative interest rates have done nothing to revive U.S., European or Asian economies. The natives are growing restless, as the early electoral success of political outsiders like Trump and Sanders substantiates. Far right parties in Europe are gaining traction as hordes of Muslim refugees overwhelm their countries. Central bankers, who formerly graced the covers of Time Magazine as saviors and heroes, are now being revealed as nothing more than glorified money printers with PhDs and no plan B.

The trillions in low grade junk bonds are beginning to go bad. The bond market is the canary in the coalmine. A tsunami of defaults is approaching the shoreline, investors are running for the hills, and deranged central bankers are telling people to come a see the colorful shells in the surf. As John Hussman points out, following their advice will be fatal.

Despite short-term interest rates being only a whisper above zero, we increasingly hear assertions that “financial conditions have tightened.” Now, understand that the reason they’ve “tightened” is that low-grade borrowers were able to issue a mountain of sketchy debt to yield-seeking speculators in recent years, encouraged by the Federal Reserve’s deranged program of quantitative easing, and that debt is beginning to be recognized as such. As default risk emerges and investors become more risk-averse, low-grade credit has weakened markedly. The correct conclusion to draw is that the consequences of misguided policies are predictably coming home to roost. But in the labyrinth of theoretically appealing but factually baseless notions that fill the minds of contemporary central bankers, the immediate temptation is to consider a return to the same misguided policies that got us here in the first place, just more aggressively.

Based on the CDS market, fear is rising rapidly and European bank stocks are collapsing faster than they did in 2008. The Too Big To Trust Wall Street banks have seen their stocks fall 25% thus far. Bank debt has fallen even faster. The lying and denials by bank CEOs sounds exactly like the summer of 2008. The most smoke is coming from Deutsche Bank, and where there’s smoke there’s fire. The papering over of billions in bad debt with more bad debt is reaching its logical and expected disastrous conclusion. John Hussman notes when credit default swaps soar, the massive level of defaults are only a quarter or two away, despite the propaganda and lies perpetuated by Wall Street to cover their asses as they scramble to escape again.

Credit default swaps continued to soar last week, particularly among European banks. Given that risks surrounding China and the energy sector are widely discussed, European banks continue to have my vote for “most likely crisis from left field.”

In the fixed income market, we wouldn’t touch low-grade credit at present. Once credit spreads widen sharply, the default cycle tends to kick in several quarters later. The present situation is much like what we observed in early 2008, when we argued that it was impossible for financial companies to simply “come clean” about bad debts, because then as now, the bulk of the defaults were still to come.

The mainstream corporate media has been assuring the masses the recent 10% to 20% plunge in stock market indexes is just a temporary hiccup and isn’t anything like the 2008 worldwide financial collapse. They’re right. The situation today is far more dire and widespread than it was in 2008. Global debt is 50% higher, rates are at zero or below, the global economy is already in recession, with war and civil chaos spreading around the globe.

There are no more rabbits for central bankers to pull out of their hats. U.S. annual deficits are headed to $1 trillion without Keynesian shovel ready stimulus packages. The Fed increased their balance sheet fivefold while creating speculative bubbles in stocks, bonds and real estate simultaneously. As John Hussman points out, the bubbles are bursting again and economic collapse is baked in the cake.

The Fed’s real policy error, as it was during the housing bubble, was to hold interest rates so low for so long in the first place, encouraging years of yield-seeking speculation and malinvestment by doing so. Put simply, the Federal Reserve has created the third speculative bubble in 15 years in return for real economic improvements that amount to literally a fraction of 1% from where we would otherwise have been.

The entire global economy seems condemned to repeatedly suffer from deranged central bankers that wholly disregard the weak effect size of monetary policy on policy targets like employment and inflation, and equally disregard their responsibility for the disruptive economic collapses that have followed on the heels of Fed-induced yield-seeking speculation.

This stock market crash in progress is following the exact pattern exhibited in prior crash periods. The market has gone nowhere since QE3 ceased and had fallen by 14% since November. The tremendous rally on Friday is nothing but the beginning of a 5% to 8% retracement of the initial loss. Once this head fake lures in more muppets, the bottom will drop out. As Hussman discusses below this crash is following the 2000 and 2007 pattern. When the 1,800 level is breached a vertical drop to the 1,500’s will happen in the blink of an eye. That will get the attention of a few 401k holders.

With regard to the stock market, I suspect that the first event in the completion of the current market cycle may be a vertical loss that would put the S&P 500 in the mid-1500’s in short order. I’ve often noted the historical signature of market crashes: a sustained period of overvalued, overbought, overbullish conditions that is then coupled with a clear deterioration in market internals and hostile yield trends, particularly in the form of widening credit spreads. See my comments from the 2000 and 2007 market peaks about the identical syndrome at those points. Historically, what we know as “crashes” have followed only after a compressed, initial market loss on the order of about 14%, a recovery that retraces 1/3 to 2/3 of the initial decline; and finally a break below that initial low. That threshold is currently best delineated by the 1800-1820 level on the S&P 500.

Not only have deranged central bankers created the conditions for a catastrophic collapse, but they have encouraged crazed sociopathic mega-corp CEOs to borrow billions to buy back their own stocks at all-time high prices. These Ivy League educated MBA lemmings have done this to boost their compensation because they are too incompetent to grow their businesses through true investment. These rocket scientists have managed to lose $126 billion on their highly leveraged stock purchases in the past three years. Some of the top losers include:

IBM – $9.8 billion of losses
American Express – $4.1 billion of losses
Chevron – $2.8 billion of losses
Macy’s – $1.5 billion of losses
Ford – $500 million of losses
Starwood Resorts – $500 million of losses
The CEOs of these companies should be fired for their idiocy, greed and ineptitude. Instead they will receive multi-million dollar bonuses. Ben Bernanke, Janet Yellen and their cohorts at the Federal Reserve have already destroyed the lives of millions of senior citizens and savers with their deranged zero interest rate policy while contributing to the wage stagnation of the middle class with their QE policy.

Janet Yellen looked like a deer in headlights last week while testifying before Congress. She realizes, along with the other central bankers around the world, their Keynesian lunacy is about to create a crisis that will make 2008 seem like a walk in the park. The coming destruction of trillions in wealth ($1.2 trillion already), along with the accelerating currency wars, and the further impoverishment of billions will ultimately lead to global war.

In short, what we should fear is not the slight impact of recent policy normalizations, but the violent, delayed, yet inevitable consequences of years of speculative distortions that are already fully baked in the cake. What we should fear are the Fed’s repeated and deranged attempts to achieve weak effects on the real economy, at the cost of speculative distortions that exact ten times the damage when they unwind. What we should fear is more of the same Fed recklessness that encouraged a yield-seeking bubble in mortgage debt, enabling a housing bubble that collapsed to create the worst economic crisis since the Great Depression. What we should fear is Fed policy that has encouraged a yield-seeking bubble in equities, debt-financed stock repurchases, and covenant-lite junk debt; that has carried capitalization-weighted valuations to the second greatest extreme in history other than the 2000 peak, and median equity valuations to the highest level ever recorded. That’s exactly what the Fed has done in recent years, and the cost of that unwinding is still ahead.

The fiat currency system, fractional reserve banking fraud, insane Keynesian fiscal policies, and consumer debt based consumption economy are mathematically unsustainable, so they won’t be sustained. The world is about to sit down to a banquet of consequences, served by deranged central bankers.

“Sooner or later we all sit down to a banquet of consequences” – Robert Louis Stevenson